by Automobile Association of South Africa | Dec 7, 2020 | Press releases
Fuel prices will jump to record highs in June on the back of stronger international oil prices, and a deficit carried over from April. This is according to the unaudited month-end fuel data released by the Central Energy Fund (CEF). The Rand traded in a fairly narrow...
by Automobile Association of South Africa | Dec 7, 2020 | Press releases
Fuel prices are likely to rise again at the end of July going into August, based on the unaudited mid-month fuel price data released by the Central Energy Fund. International oil prices see-sawed during the first half of July, but remained within a fairly narrow band...
by Automobile Association of South Africa | Dec 7, 2020 | Press releases
South Africans have been thrown a lifeline by declining oil prices in June, according to the unaudited month-end fuel price data released by the Central Energy Fund (CEF). Without oil’s decline, the fuel price hike for July would have been far higher. The...
by Automobile Association of South Africa | Dec 7, 2020 | Press releases
The Automobile Association has been operating in South Africa for almost ninety years – always priding ourselves on our customer service and loyalty to the values of honesty and integrity. Today, at a media briefing in Midrand, we announced our position...
by Automobile Association of South Africa | Dec 7, 2020 | Press releases
Fuel prices look set for another jump going into July based on the unaudited mid-month fuel data released by the Central Energy Fund (CEF). Since the start of June, the Rand has steadily weakened against the US dollar, with the average cost per dollar having climbed...
by Automobile Association of South Africa | Dec 7, 2020 | Press releases
Substantial Rand weakness could undo the recent fuel price stability based on the unaudited mid-month fuel price data released by the Central Energy Fund (CEF). Almost two months of modestly improving Rand strength ended in a dramatic reversal as the local currency...